ISLAMABAD ( ABRAR MUSTAFA ) While profitability, viability and sustainability of businesses around the world, and in Pakistan, are facing serious challenges, there is a perception that mobile companies are in the safe zone due to their product proposition These companies might be less affected than some other businesses, howeverRead More →
ISLAMABAD ( PRESS RELEASE ) The Competition Commission of Pakistan approved the Uber-Careem merger through a Phase-II Order, imposing pro-competitive and tough conditions ensuring a level playing field for the new entrants/competitors in the app-based Ride sharing market. The conditions will remain applicable on Uber up to three years afterRead More →
ISLAMABAD ( ABRAR MUSTAFA ) In a recent development in the telecom industry, a major news is breaking – PTCL and Ufone are finally going to merge. According to a variety of sources it has been revealed to TelecoAlert.com that both companies are finally going forward with the merger thatRead More →
ISLAMABAD ( BMZ REPORT ) Jazz has offered 2000 employees with permanent, full time contracts. This comes following the completion of the merger with Warid Telecom, and unification of both Mobilink and Warid under Jazz’s brand identity. “From voice to data and from 3G to 4G the digital revolution givesRead More →
ISLAMABAD ( BMZ REPORT ) While the rumors have been circulating for a while, it seems that the merger between Ufone and PTCL has stalled. According to a confirmed source within the two organizations, TelcoAlert.com has learned that both companies that have been under Etisalat are now facing a veryRead More →
ISLAMABAD ( BMZ REPORT ) The Pakistan Telecom Authority may grant No Objection Certificate for the acquisition / proposed merger / change in substantial ownership of shareholdings of Warid and PMCL as per requests of PMCL and Warid dated 15th December, 2015 subject to submission of an unconditional acceptance byRead More →
ISLAMABAD ( BMZ REPORT ) The Competition Commission of Pakistan successfully undertook a Merger Process Awareness Program as a part of its advocacy efforts in order to spread awareness of Pakistan’s merger review regime under the Competition Act, 2010. Under the awareness program, CCP conducted seminars in Islamabad, Lahore andRead More →
ISLAMABAD ( ABRAR MUSTAFA ) News has come out of UFONE that its Chief Commecial Office, Mr. Ashar Yaqoob has resigned. According to various sources within UFONE, TelecoAlert.com has confirmation that Mr. Ashar Yaqoob has left UFONE. Ashar Yaqub had joined Ufone in December 2013 after having worked with theRead More →
ISLAMABAD ( ABRAR MUSTAFA ) The Competition Commission of Pakistan (CCP) has approved the proposed merger of Mobilink and Warid. The merger approval is conditional upon compliance with the remedies imposed by CCP. The bench hearing the matter comprised of Vadiyya Khalil, the Chairperson, Dr. Shahzad Ansar, Member Office ofRead More →
ISLAMABAD ( ABRAR MUSTAFA ) Telenor has officially lodged a complained to Competition Commission Pakistan (CCP) regarding the merger between Mobilink and Warid. The letter that was submitted to the Commission states categorically that the merger will create a strong monopoly in the market and change the dynamics for otherRead More →
LAHORE ( MEDIA REPORT ) The year 2015 was bad for the telecom industry of Pakistan as no new foreign direct investment (FDI) came in, all the cellular operators were struggling to increase their average revenue per user (ARPU) to become more competitive and coverage of 3G/4G services was toRead More →
ISLAMABAD ( ABRAR MUSTAFA ) According to various high level sources among telecom sector a major upset is being expected. There are rumours flying around that that Etisalat will be consolidating its resources to make a bigger telecom company in Pakistan that will see Pakistan Telecommunication Company Limited (PTCL) andRead More →